New Jersey § acts:saved-52 - (6)

§ acts:saved-52. (6)

2. That the boards of chosen freeholders of the several counties of Hunterdon, Burlington,

Middlesex, and Somerset shall, at or before their next annual meetings, ascertain

and state in writing, the shares of such portions of said surplus revenue as have

heretofore been paid to those counties respectively, upon which those parts of the

county of Mercer which were formerly included in their respective counties, if then

composing separate and distinct townships in those counties, would have been entitled

to receive the interest in proportion to the amount of taxable property and ratables

therein, according to the assessment made next before the payment of said surplus

to the said counties, and shall, within thirty days thereafter, deliver such statement

to the treasurer of this state, and shall, within the time aforesaid, pay to the said

treasurer the interest which shall then have accrued on the said shares, and shall

also, within the time aforesaid, pay to said treasurer the principal of said shares,

or deliver to said treasurer the bonds and mortgages or other securities by them respectively

taken and received to secure the repayment of such shares, or other good and sufficient

securities for the same amount, deducting therefrom a just proportion of all costs

and expenses incurred in the receiving, loaning and management of said surplus, and

having first duly assigned the same to the board of chosen freeholders of the county

of Mercer.